Withholding tax on Jewelry
{"Image DocumentName": "Withholding tax on Jewelry", "Image ImageDescription": "II. LATEST UPDATES ON RELATED TAX AND COMPLIANCE. Withholding tax on Jewelry. A person, a group of persons , a partnership or a company making the payment under Section 40(8) for jewelry to an individual taxpayer shall have 1% withholding tax on the payment. However, the provision shall not apply to the payment for jewelry to an individual who is a buyer for his consumption without any intention to resell it.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}